WorkStep Raises $17 Million to Make the Supply Chain a Better Place to Work

Funding Rounds

Summary

SAN FRANCISCO, Feb. 3, 2021 /PRNewswire-PRWeb/ -- WorkStep, the company helping large supply chain employers, source, screen, engage, and retain their frontline workforce, today announced $17 million in funding led by FirstMark Capital, with additional participation from previous investor and strategic partner, Prologis Ventures. From the industrial revolution through the COVID-19 pandemic, the supply chain workforce has been the backbone of the U.S. economy and has become increasingly critical to Americans daily lives - from food on a table to packages delivered on time. Last Fall, WorkStep launched RETAIN to help supply chain employers increase frontline workforce retention by automating employee engagement, identifying top opportunities to reduce turnover and empowering leaders to drive and measure improvement. Today, the WorkStep platform uses innovative technology to drive outcomes across the full employee lifecycle, including effective sourcing and screening, ongoing engagement, and supportive career pathing, resulting in more qualified hires that stay at their jobs longer, minimizing the negative impact of constant workforce turnover. With its cloud-based Hire™ and Retain™ solutions, WorkStep provides HR, recruiting and operations leaders full transparency across the employee lifecycle, helping them source, screen, onboard, train, and retain critical, non-exempt talent.

$ Funding

$
Amount $10.5M Total raised
Date February 3, 2021 Announcement date
Investors - Lead investors
Company http://workstep.com Funded company

Classifications

industries
No industries detected
applications
Facilities Management

AskAI Classifications

Labels
Human Resources Software Employee Engagement Platform SaaS

Linked Companies

WorkStep
$10M to $25M